This document discusses cloud-based file management services like Dropbox and SugarSync. It explains that these services allow users to store and share files online, as well as synchronize files across multiple devices. Some key benefits mentioned are reducing email overload, conveniently sharing large files, and syncing files for team collaboration. The document also notes legal and privacy considerations for using these services, such as not uploading illegal or private content and being aware files could be subpoenaed. It discusses ownership of files on the services and unlikely "what if" scenarios like a service going bankrupt. The conclusion advises never storing anything too sensitive on these accounts in case of a security compromise.